Patient Monitoring Market: Patient Monitoring Systems enable efficient healthcare delivery to patients outside conventional hospital
Patient Monitoring Market Size,Share and Growth
Patient Monitoring Market is estimated at USD 26.08 Billion in 2018 and is reach to reach USD 37.44 Billion by 2023 at a CAGR of 7.5%.
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Patient Monitoring Market Overview:
Patient Monitoring Systems enable efficient healthcare delivery to patients outside conventional hospital or clinical settings, by transmitting real-time patient data for clinical review which enables reduce the mortality rates and facilitate efficient use of medical resources.
Patient Monitoring Market Drivers and Restraints:
These monitoring systems also help in avoiding emergency overcrowding by managing huge number of patients and enhance maintenance of electronic health records (EHR). Recently the market has gained immense focus due to the government measures to cut down hospital expenditures and reduce hospital stays.
Patient Monitoring segmented as
By Application:
• Neurology
• Hemodynamic
• Cardiac
• Fetal And Neonatal
• Respiratory
• Multi Parameter
• Remote Patient Monitors
• Temperature Monitors
• Weight Monitoring Systems

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Geographical Analysis:
on the basis of geography, the market is analyzed under various regions as North America, Asia-Pacific, Europe, Latin America, Middle East & Africa.North America accounted for the highest share in 2018. The major factors backing the growth of the market in this region are the aging population and increased lifestyle diseases that are further serving the overall prevalence of chronic diseases followed by Europe. However, the growth in these regions is expected to be slow in the forecast period due to factors such as decreasing birth rates, irregular reimbursement policies and reduced number of beds in hospitals.
Important Market Players:
Some of the key players in the Global Patient Monitoring market are Covidien, Abbott Laboratories, Drager, Medical GmbH, GE Healthcare, Johnson & Johnson Inc., Masimo Corporation, Mindray Medical, Mortara Instrument Inc., Natus, Nihon Kohden ,Nonin Medical, Omron Healthcare, Philips Healthcare, Roche Diagnostics Limited and Welch Allyn.
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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